The coronavirus pandemic and resulting fall in consumer demand is expected to result in a decline of 7.6 million barrels per day in refining output for 2020. This would translate into a decrease of some nine percent compared to the previous year.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
Decline in refined petroleum throughput and output and total refining volume worldwide due to the coronavirus pandemic in 2020
(in million barrels per day)
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IEA, & Argus Media. (April 6, 2020). Decline in refined petroleum throughput and output and total refining volume worldwide due to the coronavirus pandemic in 2020 (in million barrels per day) [Graph]. In Statista. Retrieved May 24, 2022, from https://www.statista.com/statistics/468426/global-oil-refining-decline-due-to-covid-19/
IEA, und Argus Media. "Decline in refined petroleum throughput and output and total refining volume worldwide due to the coronavirus pandemic in 2020 (in million barrels per day)." Chart. April 6, 2020. Statista. Accessed May 24, 2022. https://www.statista.com/statistics/468426/global-oil-refining-decline-due-to-covid-19/
IEA, Argus Media. (2020). Decline in refined petroleum throughput and output and total refining volume worldwide due to the coronavirus pandemic in 2020 (in million barrels per day). Statista. Statista Inc.. Accessed: May 24, 2022. https://www.statista.com/statistics/468426/global-oil-refining-decline-due-to-covid-19/
IEA, and Argus Media. "Decline in Refined Petroleum Throughput and Output and Total Refining Volume Worldwide Due to The Coronavirus Pandemic in 2020 (in Million Barrels per Day)." Statista, Statista Inc., 6 Apr 2020, https://www.statista.com/statistics/468426/global-oil-refining-decline-due-to-covid-19/
IEA & Argus Media, Decline in refined petroleum throughput and output and total refining volume worldwide due to the coronavirus pandemic in 2020 (in million barrels per day) Statista, https://www.statista.com/statistics/468426/global-oil-refining-decline-due-to-covid-19/ (last visited May 24, 2022)